FICO

DECEMBER 21, 2016

That means 2017 should be a risky year from a compliance standpoint. Firms should be investing in new sources of data and data aggregation tools to help improve KYC compliance, onboarding, and customer risk profile monitoring.". Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas.

Compliance 40

Compliance Analytics Taxes Groups 40

PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. No matter what, FinTech seems a very good bet in this region of the world.

Fintech 144

Fintech Lending Regional Regulation 144

Insights on Business

JULY 27, 2017

Against a backdrop of emerging technologies, shifting customer expectations, regulatory changes and evolving business models, Forrester Research lays out the future of financial services in a provocative report entitled “ Predictions 2017: Pioneering Financial Providers Will Partner With Fintech To Build Ecosystems ”.

blockchain 93

blockchain Fintech System Innovation 93

PYMNTS

MARCH 19, 2019

“While the industry has expanded quickly to a large and complex scale over the years, regulatory directions keep changing and different regions have different rules.”. However, though the company expanded quickly in 2017 and 2018, Beijing’s crackdown on certain lending practices forced Dianrong to decline in the second half of 2018.

Regulation 138

Regulation Regional Lending Compliance 138

PYMNTS

SEPTEMBER 9, 2019

His job will include fostering existing relationships that are essential to those directives and improving the organization’s commercial performance through its products, like SWIFT’s global payments innovation (gpi) and its suite of financial crime compliance solutions. He has also been a member of TCH’s Company Board since 2017.

Management 179

Management America New York Regional 179

PYMNTS

DECEMBER 9, 2019

In 2017, Ghana introduced GhanaPost GPS and Nigeria partnered with What3Words. Although the number of adults with bank accounts has been steadily rising and is up 7 points since 2012, African countries – especially in the sub-Saharan and West African regions – are trailing the rest of the world.

Regional 131

Regional Compliance National System 131

Bank Innovation

DECEMBER 13, 2016

It’s almost time to wave goodbye to 2016. This was a big year for fintech, with new regulations, new startups, and new technologies displayed across events like Sibos and Money20/20, making it clear that the progress of fintech can’t really be stopped. But how will it continue? That’s the real Read More.

Fintech 150

Fintech Regulation Technology Regional 150

Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6 Here’s how four community banks are thriving in this environment.

Texas 182

Texas San Antonio Community Bank Community 182

Bobsguide

JUNE 14, 2022

The combined solution, available in the cloud or on-premise, is available to clients in France and the Benelux region, with the potential to expand into other geographies in the future. Integrating the capabilities of Lozenge Analytics will allow Fusion KTP users to perform complex statistical risk calculations. About Finastra.

Analytics 60

Analytics Risk Management Compliance Management 60

CFPB Monitor

MAY 23, 2019

In July 2017, the D.C. Institutions that properly manage customer relationships and risks are neither prohibited nor discouraged from providing services to customers operating in compliance with applicable federal and state law.

FDIC 112

FDIC Operations Policies Regional 112

PYMNTS

SEPTEMBER 4, 2019

billion as of June 30 of this year and as measured since the August 2017 launch. The solution ensures compliance with the second payment services directive (PSD2). The Rapyd platform uses application programming interface (API) services to automate back end functions such as collection, FX and identity verification.

Lending 134

Lending Fintech Guidelines Meeting 134

PYMNTS

AUGUST 5, 2019

Additionally, the compliance costs associated with processing payments have increased over time as requirements become ever more complex. Security is important, though, as the tally of major publicly reported cyberattacks rose 165 percent between 2013 and 2017.

Payments 115

Payments Compliance Operations System 115

PYMNTS

JANUARY 14, 2019

The ingredients for a revolution in payments across the region, fueled by demographics and technology, seem to be there. You can imagine how all of these factors will come together to drive eCommerce across the region.”. Africa as next great eCommerce frontier? Consider the fact that eCommerce generated $16.5

Mobile 212

Mobile social media Taxes Technology 212

PYMNTS

FEBRUARY 10, 2017

The region is also home to an active and fast-growing startup scene. Brussels the third wealthiest region in terms of GDP per capita due to this number being twice as high as the European average. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016).

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

DECEMBER 27, 2016

The world of global payments is evolving rapidly — driven by an increasingly global economy, expanding consumer buying power in regions like Asia and South America, rising adoption of digital payment methods and increasing concerns over security and transparency. And we expect more of the same in 2017. Security is also important.

Payments 113

Payments eBook Regional Study 113

PYMNTS

MARCH 8, 2018

The analysis, part of the Paychex | IGH Markit Small Business Employment Watch report, also recorded a 1 percent decline in the small business hiring index compared to February 2017. Further, hiring trends are not consistent across all regions of the U.S. There’s still growth, but the growth is decelerating. percent increase from Feb.

Analysis 100

Analysis San Francisco Trends Kansas 100

PYMNTS

MAY 4, 2018

Mobile apps aren’t a panacea for banks in India, where in 2017, only 26 percent of consumers said they prefer using a mobile app rather than talking to a bank agent. The company transitioned to a solution from Ingenico Group that should simplify its path to EMV chip card acceptance and reduce PCI compliance scope. operations.

Meeting 101

Meeting Trends Mobile Cards 101

FICO

SEPTEMBER 28, 2020

In 2017, he was named the Head of Enterprise Fraud Management, expanding his responsibilities to include consumer lending fraud, fraud strategies and fraud prevention. A more than 20 years veteran of the industry, Jason previously held various leadership roles across consumer operations, finance and compliance at Bank of America and MBNA.

Customer Experience 59

Customer Experience Fraud Strategy Compliance 59

PYMNTS

FEBRUARY 13, 2017

For merchants, conducting cross-border trade often means following another nation’s local rules around payment acceptance, compliance, taxes and physical requirements and a host of other factors that vary between borders. Companies that are not in compliance with another nation’s trading rules can be in for a rude awakening.

Compliance 100

Compliance Taxes Regulation Operations 100

FICO

NOVEMBER 2, 2017

A new report from LexisNexis on Future Financial Crime Risks (September 2017) highlights the stress felt by UK banks around financial crime compliance. Given the rapid change in financial compliance regulations, it’s easy to see why the 170 financial crime professionals surveyed felt overwhelmed. Do you have any advice?

Compliance 53

Compliance Regulation Data Management 53

PYMNTS

NOVEMBER 1, 2017

million in 2017, and that the average fantasy player spends approximately $556 annually playing games. DraftKings ’ chief international officer, Jeffrey Haas, recently spoke with PYMNTS about the challenges involved in introducing fantasy sports to new markets, and which sports generate the most interest in different global regions.

Payments 102

Payments Regional America Marketing 102

PYMNTS

MARCH 10, 2017

More needs to be done to make it easier to partner with mid-tier or second-tier banks in this region. PYMNTS: What do you see impacting this space in 2017 and beyond?

blockchain 108

blockchain Payments Retail Technology 108

PYMNTS

JANUARY 2, 2017

We derive an independent rate from buying and selling digital assets across different regions. While there’s a lot of work to be done in the compliance field, it is an exciting time to be kneading the two together, he added. So, for us, it’s about how the market is responding at the time.”.

Payments 105

Payments blockchain San Francisco Compliance 105

FICO

MAY 25, 2017

As the fallout out continues to ripple across the world, we decided to ask 37 executives from financial institutions across the Asia Pacific about tax evasion and how they thought it would impact the region. This is despite new reporting regulations being introduced this year to arrest the problem.

Taxes 40

Taxes Survey Compliance Regional 40

PYMNTS

JUNE 12, 2017

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. That means initiating payments in multiple currencies with multiple partners. “As

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

MAY 3, 2018

As of 2017, the space was valued at $18.5 We keep seeing firms wanting to go faster and move to scale and really needing to be able to collect and process payments in new regions.”. Unfortunately, “regulation and compliance issues alone could stymie businesses out of cross-border expansion,” Massaro said.

Payments 100

Payments Training Security Regional 100

FICO

MAY 8, 2019

Senthil Erulappan, senior manager of product engineering at Worldpay, added: “FICO’s DMP has helped us consolidate multiple underwriting processes and solutions across the enterprise into a centralized underwriting/decision management platform that can scale across verticals, product lines and regions.

New York City 51

New York City Management Innovation New York 51

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% Has to be M-O-E. Bank Merger of the Year. So which merger was the best in 2021? Has it worked?

Fintech 143

Fintech Strategy Leadership Lending 143

NCR

OCTOBER 17, 2017

With industry-specific compliance requirements driving security spending and deployment, it’s natural to assume that best practices for securing access to sensitive data are different from vertical to vertical. The analysis revealed that many of the same attack vectors bridged all regions as well as all industries. Best Practices.

Security 45

Security Analysis Regional Industry 45

PYMNTS

OCTOBER 22, 2018

And New England isn’t the only place enjoying the autumn chill as it sets in — although we are perhaps enjoying it more colorfully with the region’s famed foliage. In all, losses to this emerging and increasingly occurring form of fraud reached $40 million in 2017, doubling the $20 million in losses reported 2015.

Data 134

Data Fraud Cards Regulation 134

Abrigo

JANUARY 13, 2021

This article originally appeared in the ABA Banking Journal's Risk and Compliance January/February 2020 edition. . Human trafficking is known to be widespread in certain regions of the world, such as Africa, China, and Russia. Closer to Home. Human trafficking is a growing problem. Affecting the Heartland. Who are the U.S.

Training 195

Training Fraud National United States 195

CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. Track LatAm fintech companies. LatAm Fintech. 630+ items.

Company 65

Company Fintech Comparison Marketing 65

NCR

AUGUST 18, 2017

A study by Business Insider Intelligence found that the most common reasons that financial services firms in the EMEA region are investing in blockchain is to create new business models or launch startups. Nearly four out of ten firms (37 percent) highlighted this as a reason for their interest in the technology. The hurdles to be overcome.

blockchain 75

blockchain Technology cryptocurrency Study 75

Fintech Labs Insights

MARCH 8, 2017

OutsideIQ teams up with Genpact to bring better risk management, KYC, and AML compliance solutions to banks. Arxan Application Protection named Best IoT product at the 2017 Cybersecurity Excellence Awards. Kontomatik nominated at the Dutch FinTech Awards 2017. Alumni updates. PayPal partners with Oro ecommerce platform.

Miami 15

Miami New York Dallas blockchain 15

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions.

Online 98

Online Company Retail Payments 98

PYMNTS

APRIL 6, 2017

Phase Two, which will allow debit transactions on the same day, is planned for September 2017. There are several Regional Payments Associations that work to assist these banks and credit unions with navigating the changing world of faster payments.

Resources 100

Resources Training Payments Regulation 100

PYMNTS

OCTOBER 1, 2018

Investors depend on fund advisers to give them the straight scoop on performance so they can make informed investment decisions,” said Jina Choi, director of the SEC’s San Francisco regional office. It was, as Karen Webster noted in February of 2016, a very attractive model for many investors. “So, The Aftershocks.

Lending 135

Lending Fraud Management San Francisco 135